2022
Flag  
GDP
$291BCURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP GROWTH
39.3%CURRENT US$
Rnk 83 / 186
2022
Flag
 GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
GDP PC 
$27,638CURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP PC GROWTH
39.1%CURRENT US$
Rnk 51 / 186
2022
Flag
GDP PC
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 186

About

Czechia-India Trade: In 2022, Czechia exported $1.09B to India. The main products that Czechia exported to India were Motor vehicles; parts and accessories (8701 to 8705) ($152M), Liquid Pumps ($74.2M), and Knitting Machine Accessories ($63.3M). Over the past 5 years the exports of Czechia to India have increased at an annualized rate of 8.55%, from $726M in 2017 to $1.09B in 2022.

In 2019, Czechia exported services to India worth $96.4M, with Travel ($55.7M), Transportation ($13.7M), and Computer and information services ($10.9M) being the largest in terms of value.

India-Czechia Trade: In 2022, India exported $1.55B to Czechia. The main products that India exported to Czechia were Broadcasting Equipment ($550M), Motor vehicles; parts and accessories (8701 to 8705) ($65.9M), and Packaged Medicaments ($43.1M). Over the past 5 years the exports of India to Czechia have increased at an annualized rate of 19.1%,  from $645M in 2017 to $1.55B in 2022.

In 2022, India did not export any services to Czechia.

Comparison: In 2022,  Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B). That same year, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Czechia exported $1.09B to India. The main products exported from Czechia to India were Motor vehicles; parts and accessories (8701 to 8705) ($152M), Liquid Pumps ($74.2M), and Knitting Machine Accessories ($63.3M). During the last 5 years the exports of Czechia to India have increased at an annualized rate of 8.55%, from $726M in 2017 to $1.09B in 2022.

In 2017, India exported $1.55B to Czechia. The main products exported from India to Czechia were Broadcasting Equipment ($550M), Motor vehicles; parts and accessories (8701 to 8705) ($65.9M), and Packaged Medicaments ($43.1M). During the last 5 years the exports of India to Czechia have increased at an annualized rate of 19.1%, from $645M in 2022 to $1.55B in 2017.

Exports from Czechia (Flag) to India (Flag) (2022)

Exports from India (Flag) to Czechia (Flag) (2022)

Latest Data

Trade between Czechia (Flag) and India (Flag)

Czechia Exports

India Exports

Market Competitiveness

Color
Czechia
Top Destination
Germany$75.3B
India
Top Destination
United States$82.9B

This map shows whether countries import more from Czechia or India. Each country is colored based on the difference in imports they receive from Czechia and India or the difference in the growth in imports.

In 2022, countries that imported more from Czechia than India included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

In 2022, countries that imported more from India than Czechia included United States ($82.9B), United Arab Emirates ($31.6B), and Bangladesh ($13.8B).

Difference in imports from India (Flag) and Czechia (Flag) (2022)

Comparative Advantage Czechia - India

Flow
Scale

This chart compares trade between Czechia and India by product, considering products traded by both, Czechia and India.

During 2022, Czechia had a large net trade with India in the exports of Machines ($582M), Transportation ($223M), and Plastics and Rubbers ($79.9M).

During 2017, India had a large net trade with Czechia in the exports of Machines ($806M), Metals ($199M), and Textiles ($144M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Czechia India+$135MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential India Czechia+$139MTelephones

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Czechia and India. This means that a dot/product with the flag of Czechia indicates it has a comparative advantage over India. Similarly, a dot/product with the flag of India indicates it has a comparative advantage over Czechia.

Product Space of Czechia (Flag) and India (Flag) (2022)

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